Kronospan subsidiaries in Ukraine to receive 30-mln euro loan from EIB
The Austrian manufacturer of wood-based panels Kronospan is planning to raise a 200-million-euro loan from the European [...]
October 16, 2024
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German wood industry calls for stable policy frameworks
With a joint appeal, the associations The Forest Owners (AGDW) and the German Sawmill and Wood Industry Association (DeSH) are [...]
October 16, 2024
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Global wood markets face continued struggles with rising costs and trade disruptions
As August came to a close, the global wood products sector remained under pressure. In Europe, many countries are facing [...]
October 15, 2024
EU opens formal investigation into Chinese hardwood plywood dumping; suspected of originating from Russia
The European Commission has launched an anti-dumping investigation into imports of hardwood plywood from China, acting on a complaint [...]
October 15, 2024
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Hurricane Helene impacted around $1.28 billion in timber resources in Georgia
The Georgia Forestry Commission (GFC) said they estimated a total timber resource impact of $1.28 billion from Hurricane Helene [...]
October 15, 2024
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Finnish forestry industry has turned the corner, log prices will stabilize next year
The economic turnaround for the Finnish forestry industry has already occurred, but a major leap forward is not yet in [...]
October 15, 2024
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James Jones & Sons to acquire HG Timber
James Jones & Sons, a family owned and managed forest products company, has announced the expansion of its Pallets & [...]
October 15, 2024
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Metsä Group plans to stop plywood production in Suolahti, due to low profitability
Metsä Group plans to close the Suolahti birch and softwood plywood factories in central Finland. The closure is justified by [...]
October 12, 2024
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Russia continues to reduce timber export volumes in 2024
In January-July 2024, Russian forestry companies reduced their timber exports. According to "Roslesinforg" ((the forest inventory organization), data timber [...]
October 12, 2024
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IKEA sales drop 5% but price cuts boost customer visits
IKEA's Ingka Group announced retail sales of Euro 39.6 billion for the fiscal year ended on August 31 [...]
October 12, 2024
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